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DEFENCE NEWS- India start building six new conventional submarines

 From Oct, 2020 India will start the process to build 6 new conventional submarines worth Rs 55000 Crore

India has decide to bidding process of new submarines by October in worth 55000 Crore. This Mega project to buy new conventional submarines for Indian Navy is efforts are being made to reduce the gap between Chinese and India naval powers.

In first stage of contract bidding, the defense ministry will issue RFPs to MDL and L&T. after that the both firms will have to submit their detailed bid after receiving the document. Subsequently, the L&T and MDL will have to select a foreign partner out of the five shortlisted entities, according to official news.




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